PRECIOUS METALS | Spot Gold's Intraday Gains Narrow to Below 1%, Iran's Foreign Minister Says No Talks with U.S.

Spot gold's intraday gains have narrowed to less than 1%, reflecting a shift in market dynamics. According to Jin10, Iran's Foreign Minister stated that communicating with the U.S. through intermediaries does not equate to engaging in negotiations with the United States. This statement comes amid ongoing geopolitical tensions and market uncertainties, influencing investor sentiment in the precious metals market.